Loveland Monthly Market Update – Condominium/Townhome

City of Loveland / Berthoud Condominium/Townhome (Attached)

Information provided by IRES and Metrolist Information Services.

LOVELAND ATTACHED DWELLINGS 2017 YTD 2018 % Change
Total Units Sold 284 327
Average Sales Price $281,741 $308,975 +9.7%
Median Sales Price $268,000 $300,000 +11.9%
Average Days to Contract 27 49 +81%

 

(Attached Dwelling – % Under Contract)

ATTACHED DWELLINGS Oct 17’ Nov 17’ Dec 17’ Jan 18’ Feb 18’ Mar 18’ Apr 18’ May 18’ Jun 18’ Jul 18’ Aug 18’ Sep 18’ Oct 18’
UNDER $250K       69% 67% 96% 88% 68% 53% 50% 64% 47% 47%
$250K+       59% 59% 69% 67% 58% 53% 56% 49% 0% 50%
OVERALL % U/C       64% 72% 73% 70% 59% 53% 56% 50% 45% 50%

 

(Attached Dwelling – Inventory)

ATTACHED DWELLINGS Oct 17’ Nov 17’ Dec 17’ Jan 18’ Feb 18’ Mar 18’ Apr 18’ May 18’ Jun 18’ Jul 18’ Aug 18’ Sep 18’ Oct 18’
        132 137 146 155 144 131 126 121 132 135

 

(Attached Dwelling – # Sold)

ATTACHED DWELLINGS Oct 17’ Nov 17’ Dec 17’ Jan 18’ Feb 18’ Mar 18’ Apr 18’ May 18’ Jun 18’ Jul 18’ Aug 18’ Sep 18’ Oct 18’
        18 22 23 29 46 52 32 45 21 19

 

(Attached Dwellings – Absorption Rate in Months) Based off 6-month sales average

ATTACHED DWELLINGS Oct 17’ Nov 17’ Dec 17’ Jan 18’ Feb 18’ Mar 18’ Apr 18’ May 18’ Jun 18’ Jul 18’ Aug 18’ Sep 18’ Oct 18’
            6.95 4.91 5.2 4.13 3.71 3.19 3.52 3.76